Ukraine: Corum Group merges with DTEK

DTEK Energo has purchased shares of Svet Shakhtera, Druzhkovka Machine-Building Works and Mining Machines, previously parts of Corum Group. “These companies are the main suppliers of coalmining machines and equipment to the group. This deal will allow DTEK Energo to decrease expenses on machinery, provide its coal enterprises with spare parts on time and improve…

Ukraine: Volynugol to be reorganized

This year Volyn region miners have lost some 130 million UAH because of the unfinished construction of the mine No. 10, According to the regional authorities, some 600 million UAH are needed to commission the first stage of the mine. Then the enterprise has to earn money for the second and third stages itself. The…